Update: TOSI (The Tax on Split Income)

Accounting , Accountancy, Audit Concept. Business people using calculator review data in financial statement.

In July of 2017, the Department of Finance sent the Canadian tax community and business owners into a turmoil when they announced radical changes to the taxation of businesses and owners while most people were away for vacation.  One of the initiatives which survived in a modified form was the ...

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1994 Capital Gains Election

Financial consulting concept. Compass needle pointing the word gains over black background with blur effect

1994 Capital Gains Election (a BLAST from the Past) Recently, we have prepared a number of personal tax returns for clients who owned property that was acquired before 1994. The property could be land, cottage property, artworks, securities and rental property.  Way back in 1994 the government ...

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